The two industry-first offerings are designed to deliver seamless network access, better operational efficiency, enhanced customer experience, and effective management of assets and workforce, the Mumbai-based telco in a statement said.

“Telecom services are becoming core to businesses today for them to connect more effectively with their customers, manage their operations and manage assets and workforce. Superior ways to connect with customers, better response times to market triggers and availability of connectivity often distinguishes the winners from the also-ran in various industries today,” Prateek Pashine, President of Enterprise Business, Tata Tele Business Services said.

Ultra LOLA is a technologically superior solution that provides robust low latency telecom infrastructure to institutional stock traders, helping them process market data in real time, according to the Tata group company, adding that the between the two stock exchanges in India, it can now provide 25 times faster connectivity against the conventional network speed.

Company’s SLA on wireline voice services, according to it, is designed to address the growing requirements of enterprises who want to stay connected with their stakeholders 24X7 without any disruption in services.

The two new offerings are in line with the customer centric approach that TTBS has displayed over the years, and will further strengthen and consolidate its leadership position in the Indian enterprise space, the statement added.

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After PSU banks, the government is likely to infuse capital in two chronically ill telecom PSUs BSNL and MTNL, and the Union Cabinet is likely to take a decision on 4G spectrum allocation to them by the third week of the current month after DoT places the note before it for consideration.

At a high-level meeting at the PMO late Tuesday, it was also decided that the two telcos will frame a Voluntary Retirement Scheme (VRS) to reduce their employee strength, which will be followed by a reduction in the retirement age to 58.